Capital One launches a new card, the Venture X, 100,000 Miles sign up bonus, $300 Annual Travel Credit & $200 Limited -Time Vacation Rental Credit.
Capital One Venture X Credit Card Review
Key Takeaways
The Venture X is a “keep forever” card if you travel even once or twice per year. Its $395 annual fee is lower than other premium cards (like Chase Sapphire Reserve or Amex Platinum), and it’s easy to offset thanks to the $300 annual Capital One Travel credit and 10,000-point anniversary bonus.
Throw in lounge access, travel protections, and authorized user benefits, and this card becomes a standout in the premium space.
Why This Card Could Be Right For You
Venture X offers premium benefits at a lower cost — and incredible flexibility through Capital One’s “Purchase Eraser.”
- Earn 75,000 Capital One miles after meeting the spending requirement
- $300 annual travel credit (must be used through Capital One Travel)
- Global Entry/TSA PreCheck credit
- Lounge access via Priority Pass + Capital One Lounges (authorized users also get access — for free)
- 10,000 bonus miles each year on your account anniversary
- $100 credit with Premier Collection + $50 credit with Lifestyle Collection
- Excellent travel protections, car rental insurance, and trip delay/cancellation benefits
When The Usual Advice Doesn't Apply
This card might not be ideal if:
- You don’t like booking travel through portals (you must use Capital One Travel to trigger the $300 credit)
- You’re trying to book with a specific airline or hotel that isn’t available through Capital One’s travel partners
What to Know About Capital One Miles
Capital One is a flexible point system we use for travel items that other systems don't cover
- Car Rentals, cruises, and vacation home rentals top our list of uses for Capital One Miles
- Partner transfers are niche airlines and hotel brands, making the points less attractive
- Point redemptions are so similar to cash that they can be less satisfying for the hobbyist
- Capital One is particularly attractive to businesses with large spends
How The Capital One Venture X Credit Card Fits In The Capital One Miles Ecosystem
Venture X is Capital One’s top-tier card and delivers serious value from day one.
- The $300 travel credit + 10,000-anniversary miles cancel out the annual fee on their own
- Great for lounge access, flexible redemptions, and stacking with other rewards programs
- For couples or “two-player mode,” one partner can apply for the Venture X while the other gets the Venture Rewards (currently 75,000-miles sign-up bonus), then downgrade to VentureOne after year one
If you're already cycling through Chase or Amex cards, this is a great way to add diversity and take a break while still earning top-tier rewards.
My Experience, No Filter
We picked up the Venture X after maxing out Chase opportunities. The lounge access was a major win on a family trip to Croatia — especially since we could add my wife as a free authorized user and get access for all five of us. We’ve used the travel credit on local weekend getaways, and the purchase eraser came in handy for a vacation rental in the Canadian Rockies. Combined with Chase for hotels and Amex for flights, Venture X helped complete the puzzle — and saved us thousands.
Card Information
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee |
1st Year Value
|
|---|---|---|---|---|---|
| 75,000 | $4,000 | 1.1 ¢ | $80 | $395 |
$554
|
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Wyndham transfers | 10x Miles at hotels.com,5xMiles at flights.com & 2x miles everything else | 5/24 |
Spend Categories
Airfare - »
5X points
5.5¢ Per Dollar Spent
All Other = »
2X points
2.2¢ Per Dollar Spent
Hotels = »
10X points
11¢ Per Dollar Spent
Rideshare and Transit = »
10X points
11¢ Per Dollar Spent
Card Benefits
Lounge Access »
Get unlimited Priority Pass lounge visits, with up to 2 guests free of charge.
Get unlimited Priority Pass lounge visits, with up to 2 guests free of charge.
Cell Phone Protection »
your cell phone will be covered against damage or theft up to $800 — with a $50 deductible — up to $1,000 per 12-month period.
your cell phone will be covered against damage or theft up to $800 — with a $50 deductible — up to $1,000 per 12-month period.
TSA Pre Check »
Get up to $120 statement credit for Global Entry, or TSA PreCheck.
Get up to $120 statement credit for Global Entry, or TSA PreCheck.
Anniversary Date Bonus Points »
You'll receive 10,000 bonus points each account anniversary year.
You'll receive 10,000 bonus points each account anniversary year.
Car Rental Insurance »
Using this card gives you primary car rental insurance on collision and theft, up to the cost of the vehicle for 15 days. Any international rentals are covered by primary insurance when using this card.
Using this card gives you primary car rental insurance on collision and theft, up to the cost of the vehicle for 15 days. Any international rentals are covered by primary insurance when using this card.
Travel Insurance »
Travel Accident Insurance up to $250,000 for death or dismemberment caused by travel companies and lost luggage insurance up to $3,000 per person
Travel Accident Insurance up to $250,000 for death or dismemberment caused by travel companies and lost luggage insurance up to $3,000 per person
No Foreign Transaction Fees »
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Statement Credits »
Get $300 in statement credits annually for bookings made through Capital One including flights, hotels, car rentals, etc.
Get $300 in statement credits annually for bookings made through Capital One including flights, hotels, car rentals, etc.
Purchase Protection »
You're covered on items lost or stolen within 90 days, up to $10,000 per claim, and $50,000 per cardholder.
You're covered on items lost or stolen within 90 days, up to $10,000 per claim, and $50,000 per cardholder.
Extended Warranty »
You can double the warranty up to 1 additional year on eligible purchases with warranties of 3 years or less.
You can double the warranty up to 1 additional year on eligible purchases with warranties of 3 years or less.
Point Transfer Options
Transfer To Spouse/Partner Yes
Transfer To Friends Yes
Travel Partner Transfers
Capital One Miles Outside Point System
Transfers Out To
Air Canada Aeroplan
1:1 127% value retained
Avianca LifeMiles
1:1 127% value retained
British Airway Executive Avios
1:1 91% value retained
Cash in Cents
1:1 91% value retained
Cathay Pacific
2:1.5 82% value retained
Etihad Guest
1:1 109% value retained
Flying Blue and Air France
1:1 109% value retained
Qantas Frequent Flyer
1:1 109% value retained
Singapore KrisFlyer
1:1 118% value retained
Turkish Airways
1:1 109% value retained
Virgin Atlantic Flying Club
1:1 127% value retained
Wyndham Rewards
1:1 91% value retained
Capital One Venture X Application Rules
Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months
Ranking of Cards Offering Capital One Miles
Breaking Points
November 9, 2021
